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Canada's Big Banks Exceed Expectations in Q3 Earnings Amid Uncertainty
ByAinvest
Friday, Aug 29, 2025 5:09 am ET1min read
Canada's big banks all reported Q3 earnings that exceeded expectations despite an uncertain economic backdrop. Royal Bank of Canada, Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, and National Bank of Canada all beat estimates. BMO's U.S. personal and commercial banking unit saw significant growth, while ScotiaBank reported a profit of $2.53 billion, exceeding expectations.
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